There's some texture and nuance to this statement. I remember on NPR, they interviewed a lady whom mentioned similar sentiments; her and her husband had built a family, worked in the blue-collar industry (precision machining) for decades, and now were losing their jobs. She also mentioned that they had been living in a small town for a long, long time.
That last part bothers me a lot. It seems a lot of people just don't want to move. Anecdotally I've moved nearly 6 times in the last 8 years. My parents have done the same.
People are stuck on this idea of living and dying in the same city once they buy a home or have children. That just isn't the case anymore.
Mobility and a willingness to learn new skills seems to prevail. It's what other generations have done, millions of immigrants (my parents included).